General Awareness · Banking Financial Awareness
Currencies and Exchange Rates
1,506 Questions
Knowledge of global currencies and exchange rates is vital for general awareness sections in banking and civil service exams. Topics include identifying the official currencies of various countries and understanding digital currency types. Use this collection to quickly memorize international currency symbols.
Country currency identificationDigital currency typesCurrency exchange tipsGlobal currency symbols
Currencies and Exchange Rates Questions
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Dirham
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Taka
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Dinar
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Swiss Franc
D
Correct answer
Explanation
Switzerland's official currency is the Swiss Franc (CHF), known for its stability as a safe-haven currency. Switzerland is not in the EU and maintains monetary independence. Dirham is used in Arab countries, Taka is Bangladesh's currency, and Dinar is used in several Middle Eastern and North African nations.
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Dinar
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Dong
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Won
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Taiwan New Dollar
D
Correct answer
Explanation
Taiwan's official currency is the New Taiwan Dollar (TWD or NT$), issued by the Central Bank of the Republic of China (Taiwan). Dinar is used in Arab countries, Dong is Vietnam's currency, and Won is used in both South and North Korea. The 'New' designation distinguishes it from the older currency used before 1949.
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Bolivars
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Pound Sterling
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US Dollar
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Somoni
D
Correct answer
Explanation
Tajikistan's official currency is the Somoni (TJS), named after the Samanid Empire founder Ismail Samani. It was introduced in 2000, replacing the Tajik Ruble. Bolivars is Venezuela's currency, Pound Sterling is the UK's, and US Dollar is America's currency. The somoni is subdivided into 100 dirams.
D
Correct answer
Explanation
Ukraine's official currency is the Hryvnia (UAH), subdivided into 100 kopiykas. It was introduced in 1996 after Ukraine's independence from the Soviet Union. Dong is Vietnam's currency, Dirham is used in Arab countries, and Dinar is used in several Middle Eastern and North African nations. The currency symbol is ₴.
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Real
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Dinar
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Dong
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US Dollar
D
Correct answer
Explanation
The official currency of the United States is the US Dollar (USD), the world's primary reserve currency. It is subdivided into 100 cents and is issued by the Federal Reserve. Real is Brazil's currency, Dinar is used in Middle Eastern countries, and Dong is Vietnam's currency. The dollar is also used as official currency in several other countries and territories.
D
Correct answer
Explanation
The official currency of the United Arab Emirates is the UAE Dirham (AED), subdivided into 100 fils. It was introduced in 1973, replacing the Qatar and Dubai Riyal. Dinar is used in several Arab countries, Yen is Japan's currency, and Won is used in Korea. The dirham is pegged to the US dollar.
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Taka
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US Dollar
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Somoni
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Pound Sterling
D
Correct answer
Explanation
The official currency of the United Kingdom is the Pound Sterling (GBP), the world's oldest currency still in use. It is subdivided into 100 pence and is issued by the Bank of England. Taka is Bangladesh's currency, US Dollar is America's, and Somoni is Tajikistan's. The UK retained the pound despite being an EU member (before Brexit).
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US Dollar
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Naira
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Nuevo sol
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Dong
C
Correct answer
Explanation
Peru's official currency is the Nuevo Sol (PEN), which replaced the inti in 1991 after hyperinflation. It is subdivided into 100 céntimos and issued by the Central Reserve Bank of Peru. Naira is Nigeria's currency, US Dollar is America's, and Dong is Vietnam's. The sol is named after the Inca sun god.
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Naira
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UAE Dirham
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Peso
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Yen
C
Correct answer
Explanation
The Philippines' official currency is the Philippine Peso (PHP), subdivided into 100 centavos and issued by the Bangko Sentral ng Pilipinas. Naira is Nigeria's currency, UAE Dirham is used in the Emirates, and Yen is Japan's currency. The peso is also used in several Latin American countries, but the Philippine peso is distinct.
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Bolivars
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Dirham
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Koruna
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Euro
D
Correct answer
Explanation
Vatican City uses the Euro as its official currency despite not being part of the European Union. It has a special agreement with Italy and the EU to issue its own Euro coins with Vatican designs.
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Dinar
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Won
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US Dollar
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Bolivars
D
Correct answer
Explanation
Venezuela's official currency is the Bolívar, named after Simón Bolívar. The country has experienced severe hyperinflation, leading to multiple currency reforms and the introduction of new Bolívar series.
D
Correct answer
Explanation
Vietnam's currency is the Dong, which has been the country's official currency since 1978. The Dong is one of the lowest-valued currency units in the world.
C
Correct answer
Explanation
Poland uses the Zloty as its national currency, divided into 100 groszy. Despite being an EU member, Poland has not yet adopted the Euro and continues to use the Zloty.
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Dirham
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Zloty
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US Dollar
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Dinar
C
Correct answer
Explanation
Puerto Rico uses the United States Dollar as its official currency because it is a U.S. territory. As an unincorporated territory, it uses the same currency as the United States.
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Yen
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Pound Sterling
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Leu
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Dinar
C
Correct answer
Explanation
Romania's currency is the Leu, which means 'lion' in Romanian. Romania is an EU member but has not yet adopted the Euro, continuing to use the Leu instead.